That will lead to a major new company called Delamar moving into Coventry and taking over the Browns Lane plant. The two plans will each create around 2,000 jobs.

Delamar is a hi-tech construction firm which will be launched in Coventry, building ready-made units like hotel rooms and school rooms which are transported to construction sites and then simply slotted into new buildings.

They will invest a staggering #200 million in the Allesley site.

At the same time Jaguar will invest #160 million at Whitley by moving its headquarters and motor museum there from Browns Lane.

It also plans to link up with developer St Modwen at Whitley and, with the backing of the city council, develop a new 70-acre science and business park there.